Pre-Qualified Personal Loan
Unlock Your Dreams with a Hassle-Free Personal Loan up to Rs.10 Lakhs!
- Enjoy the Freedom - Zero Part-Payment Charges!
- Instant Loan Disbursement - Money in a Flash!
- Ease Your Way - No More Extra Income Proofs or Paperwork!
- Say Goodbye to Foreclosure Charges After Your 12th EMI!
Step into the realm of possibilities with CUB’s Pre-Qualified Personal Loans and make your dreams come true! Get an instant personal loan online.
Unveiling the Benefits of Pre-Qualified Personal Loans:
- Tailored specifically for our valued salaried customers.
- Effortless Process: Experience a seamless journey from initiation to loan disbursement with just less than 10 clicks. No income proofs required.
- Flexible Loan Amount: Choose a loan amount that suits your needs, ranging from 1 Lakh to 10 Lakhs or Amount eligible whichever is lower.
- Competitive Interest Rates: Enjoy attractive interest rates starting from as low as 11% up to a maximum of 16%.
- No Collateral Required: Avail personal loans without any security.
- Lightning-Fast Disbursal: If you’re a CUB customer, you could have a personal loan in your account in just 5 minutes.
- Freedom to Use Funds: One of the stellar benefits of Personal Loans is the liberty to use your funds for any purpose other than speculative purpose - whether it’s a dream wedding, an exotic vacation, education expenses, and medical emergencies, to purchase a latest gadget, a business venture or a home renovation. No loans shall be granted for speculative uses.
- Budget-Friendly Repayment: Personal Loans can be repaid in easy instalments or EMIs. The payment terms are flexible, allowing you to choose a tenure that best suits your financial situation.
- Customizable Tenure: Choose a loan tenure that works for you, with options ranging from 12 to 48 months.
Do’s
- Verify that you have stable internet connectivity to proceed with the loan application.
- Only use the link received directly from the bank via official SMS, net banking, or mobile banking to avoid misleading phishing sites.
- Keep the mobile number registered with the bank ready for application login.
- Verify that you have your Aadhaar-registered mobile number ready for E-Signing.
- Have your Aadhaar and PAN details ready for the application process.
- Familiarize yourself with the product features on the bank’s website before logging in to apply.
- Focus on comparing product features, not just pricing.
- Choose the loan amount option that best fits your needs.
- Ensure you have enough funds to cover processing charges or any other fees mentioned in the sanction letter.
- Thoroughly read the loan terms and conditions in the sanction letter before proceeding to E-Sign.
- Reach out to customer service for any issues or queries during the process.
Don’ts
- Don’t start the loan process through untrusted phishing websites or applications.
- Don’t use inactive mobile numbers or email IDs for login.
- Don’t trust individuals who are not bank officials offering favours for online processing.
- Don’t apply for a loan amount that exceeds your requirements, as this could lead to unnecessary debt.
- Don’t blindly accept terms and conditions in the application process, as it could lead to confusion about the loan terms.
- Don’t delay or skip your EMI payments, as it can affect your credit score and lead to financial penalties.
Lending Service Providers (LSPs) Information
FAQs
A Pre-Qualified Unsecured Personal Loan is a Personal Loan scheme offered exclusively to our existing selected salaried individual customers.
The minimum age is 23 and the maximum age is 60 years.
The minimum CIBIL score required should be 731.
The loan amount can range from a minimum of Rs. 1,00,000 to a maximum of Rs. 10,00,000.
The loan tenure can range from a minimum of 12 months to a maximum of 48 months.
The eligible ROI is determined based on Bureau Score and may vary from 11% to 16%.
A fixed rate of interest is charged. Interest rate type is “Fixed”.
The applicable charges for a Pre-Qualified Unsecured Personal Loan include a) CIBIL Charges b) NeSL Charges c) Stamp Duty Charges
Yes, the loan carries a processing fee of 1% plus GST on the sanctioned amount.
Foreclosure is not allowed within the first 12 months. After 12 months, there are no foreclosure charges.
Yes, part-payment is allowed.
A penal charge of 2% will be levied on the missed EMI payment.
Defaulting on the loan may lead to penalties, a negative impact on your credit score, and potential legal action for loan recovery.
No, EMI dates cannot be changed once the loan is disbursed.
No, the loan tenure cannot be changed once the loan is disbursed.
Once the loan is disbursed, a Standing Instruction for the EMI will be set up. The EMI will then be automatically repaid to the loan account as required.
The loan is disbursed through direct account transfer.
To close your Unsecured Personal Loan, please visit your branch with the following documents: a.) Request Letter signed by the loan applicant. b.) Payment can be made through cash, cheque, or demand draft.
You can download it via Net Banking, Mobile Banking, or at your respective CUB Branch.
You can obtain a No Objection Certificate (NOC) at your respective CUB Branch.
The offer link is valid for up to 30 days from the offer start date.
45 Minutes from initiating the Link.
Use the “Resume Application” option to log into the existing application and generate a new E-Sign link.
You can resume a partial or incomplete application by using the “Resume Application” option on the login page.
You should have the following details ready: a) Registered Mobile Number with Bank b) PAN c) Aadhaar Number
No, no additional documents are required.
The following devices are compatible: a) Mobile (iOS & Android) b) Desktop c) Tablet (iOS & Android)
No, there is no option to choose a higher loan amount than the eligible amount.
No, a second loan application cannot be processed while the first one is still active.
No, only the mobile number registered with the bank account can be used.
Please visit your account holding branch for any changes in contact details.
a.) SMS to the registered mobile number. b.) Mobile Banking. c.) Whatsapp and d.) E-Mail
Yes, you can reach our customer care at (Ph.04471225000) (EMail:customercare@cityunionbank.in).
Yes, you can find detailed product features at our website (www.cityunionbank.bank.in).
Pre-Qualified Personal Loan
Unlock Your Dreams with a Hassle-Free Personal Loan up to Rs.10 Lakhs!
- Enjoy the Freedom - Zero Part-Payment Charges!
- Instant Loan Disbursement - Money in a Flash!
- Ease Your Way - No More Extra Income Proofs or Paperwork!
- Say Goodbye to Foreclosure Charges After Your 12th EMI!
Step into the realm of possibilities with CUB’s Pre-Qualified Personal Loans and make your dreams come true! Get an instant personal loan online.
Unveiling the Benefits of Pre-Qualified Personal Loans:
- Tailored specifically for our valued salaried customers.
- Effortless Process: Experience a seamless journey from initiation to loan disbursement with just less than 10 clicks. No income proofs required.
- Flexible Loan Amount: Choose a loan amount that suits your needs, ranging from 1 Lakh to 10 Lakhs or Amount eligible whichever is lower.
- Competitive Interest Rates: Enjoy attractive interest rates starting from as low as 11% up to a maximum of 16%.
- No Collateral Required: Avail personal loans without any security.
- Lightning-Fast Disbursal: If you’re a CUB customer, you could have a personal loan in your account in just 5 minutes.
- Freedom to Use Funds: One of the stellar benefits of Personal Loans is the liberty to use your funds for any purpose other than speculative purpose - whether it’s a dream wedding, an exotic vacation, education expenses, and medical emergencies, to purchase a latest gadget, a business venture or a home renovation. No loans shall be granted for speculative uses.
- Budget-Friendly Repayment: Personal Loans can be repaid in easy instalments or EMIs. The payment terms are flexible, allowing you to choose a tenure that best suits your financial situation.
- Customizable Tenure: Choose a loan tenure that works for you, with options ranging from 12 to 48 months.
Do’s
- Verify that you have stable internet connectivity to proceed with the loan application.
- Only use the link received directly from the bank via official SMS, net banking, or mobile banking to avoid misleading phishing sites.
- Keep the mobile number registered with the bank ready for application login.
- Verify that you have your Aadhaar-registered mobile number ready for E-Signing.
- Have your Aadhaar and PAN details ready for the application process.
- Familiarize yourself with the product features on the bank’s website before logging in to apply.
- Focus on comparing product features, not just pricing.
- Choose the loan amount option that best fits your needs.
- Ensure you have enough funds to cover processing charges or any other fees mentioned in the sanction letter.
- Thoroughly read the loan terms and conditions in the sanction letter before proceeding to E-Sign.
- Reach out to customer service for any issues or queries during the process.
Don’ts
- Don’t start the loan process through untrusted phishing websites or applications.
- Don’t use inactive mobile numbers or email IDs for login.
- Don’t trust individuals who are not bank officials offering favours for online processing.
- Don’t apply for a loan amount that exceeds your requirements, as this could lead to unnecessary debt.
- Don’t blindly accept terms and conditions in the application process, as it could lead to confusion about the loan terms.
- Don’t delay or skip your EMI payments, as it can affect your credit score and lead to financial penalties.
FAQs
A Pre-Qualified Unsecured Personal Loan is a Personal Loan scheme offered exclusively to our existing selected salaried individual customers.
The minimum age is 23 and the maximum age is 60 years.
The minimum CIBIL score required should be 731.
The loan amount can range from a minimum of Rs. 1,00,000 to a maximum of Rs. 10,00,000.
The loan tenure can range from a minimum of 12 months to a maximum of 48 months.
The eligible ROI is determined based on Bureau Score and may vary from 11% to 16%.
A fixed rate of interest is charged. Interest rate type is “Fixed”.
The applicable charges for a Pre-Qualified Unsecured Personal Loan include a) CIBIL Charges b) NeSL Charges c) Stamp Duty Charges
Yes, the loan carries a processing fee of 1% plus GST on the sanctioned amount.
Foreclosure is not allowed within the first 12 months. After 12 months, there are no foreclosure charges.
Yes, part-payment is allowed.
A penal charge of 2% will be levied on the missed EMI payment.
Defaulting on the loan may lead to penalties, a negative impact on your credit score, and potential legal action for loan recovery.
No, EMI dates cannot be changed once the loan is disbursed.
No, the loan tenure cannot be changed once the loan is disbursed.
Once the loan is disbursed, a Standing Instruction for the EMI will be set up. The EMI will then be automatically repaid to the loan account as required.
The loan is disbursed through direct account transfer.
To close your Unsecured Personal Loan, please visit your branch with the following documents: a.) Request Letter signed by the loan applicant. b.) Payment can be made through cash, cheque, or demand draft.
You can download it via Net Banking, Mobile Banking, or at your respective CUB Branch.
You can obtain a No Objection Certificate (NOC) at your respective CUB Branch.
The offer link is valid for up to 30 days from the offer start date.
45 Minutes from initiating the Link.
Use the “Resume Application” option to log into the existing application and generate a new E-Sign link.
You can resume a partial or incomplete application by using the “Resume Application” option on the login page.
You should have the following details ready: a) Registered Mobile Number with Bank b) PAN c) Aadhaar Number
No, no additional documents are required.
The following devices are compatible: a) Mobile (iOS & Android) b) Desktop c) Tablet (iOS & Android)
No, there is no option to choose a higher loan amount than the eligible amount.
No, a second loan application cannot be processed while the first one is still active.
No, only the mobile number registered with the bank account can be used.
Please visit your account holding branch for any changes in contact details.
a.) SMS to the registered mobile number. b.) Mobile Banking. c.) Whatsapp and d.) E-Mail
Yes, you can reach our customer care at (Ph.04471225000) (EMail:customercare@cityunionbank.in).
Yes, you can find detailed product features at our website (www.cityunionbank.bank.in).
